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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
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- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

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CO-RV Prayer

Divine Creator, father, mother, son as one...If I, my family, relatives, and ancestors have offended you, your family, relatives and ancestors in thoughts, words, deeds and actions from the beginning of our creation to the present, we ask your forgiveness...Let this cleanse, purify, re-lease , cut all the negative memories, blocks, energies and vibrations and transmute these unwanted energies to pure light....And it is done.

Repeat during 15 minutes, visualizing the RV already manifested in our reality and all humanity rejoicing in peace and abundance:

I’m sorry! Please forgive! I love you! Thank you!


Featured Post

"Macro Transition" - New Republic Update - Saturday - October 22, 2016

Received via email at 2:06 PM EDT for publication. ~ Dinar Chronicles ---------- ​Republic Update Saturday October 22, 2016  --------...

Saturday, October 8, 2016

China Receives IMF's Blessings on Yuan

The Yuan In The SDR From Base To Gold

The IMF gives its blessing to China’s controlled currency

Oct 8th 2016 | SHANGHAI | 

WHEN Marco Polo travelled to China in the 13th century, he found that among its wonders was “the secret of the alchemists”. Its imperial court could turn mulberry bark into money. It simply printed paper notes, decreed that people must accept them and killed counterfeiters.

For a Venetian used to gold coins, the world’s first fiat currency was a marvel. Its value derived not from precious metal but from the credibility of the regime issuing it.

​This month China achieved another kind of monetary alchemy: to fashion a global reserve currency out of one that, by a range of criteria, does not yet merit such status.

On October 1st the yuan became the fifth entrant in the basket of currencies that forms the Special Drawing Right, a reserve asset created by the IMF. Immediate implications are limited. SDRs are a unit of account, not a real currency; inclusion in the basket does not force anyone to acquire the yuan.

Click here to Symbolically, though, it is a big deal: the IMF’s seal of approval for China’s monetary system. It has deemed it safe for central banks around the world to add the yuan to their reserves. Dozens of central banks in fact already do so, with about 1% of global reserves now held in yuan. SDR status should add momentum.

This is a remarkable achievement for China. Typically, reserve currencies are issued by countries that have large economies, flexible exchange rates, open capital accounts and deep financial markets. China certainly meets the first requirement of size, but the others are works in progress.

Nevertheless, the IMF judged that China had done enough to make the yuan usable, notably by opening its bond market to foreign institutions and shifting to a slightly more market-oriented exchange rate.

In “Gaining Currency”, a book about the yuan’s rise, Eswar Prasad of Cornell University looks at China’s tactics. A series of careful initiatives—trade invoicing, overseas loans and swaps with other countries—have nudged the yuan into global markets. It now accounts for about 2% of global cross-border payments, up from virtually zero five years ago, making it the fifth-most used currency.

Unquestionably, politics also played a part in the decision. China had lobbied for SDR inclusion. It was a way for the IMF to acknowledge its real, if gradual, progress in financial reforms. There was also an element of anticipation: should China continue on its development path, the yuan’s global importance is sure to increase.

The irony of the yuan’s ascendancy in the IMF’s books is that it comes after a year when, for the market, the Chinese currency was on the decline. A small devaluation of the yuan in August 2015, partly to make it more flexible, set off a storm of speculation that China wanted a much bigger devaluation to support its slowing economy.

Companies and investors bet against the yuan in large numbers. To defend it, China’s central bank has tightened capital controls and burnt through nearly $500 billion of its reserves over the past year.

The gap between the fears and hopes surrounding the yuan can sometimes seem like a chasm. To optimists, it will soon rival the dollar. To pessimists, it is only a matter of time before it resumes its descent. In truth the two are not necessarily contradictory; the dollar is the world’s leading currency but it still goes through regular bouts of depreciation.

Yet there is also a big difference between being a reserve currency and being the world’s pre-eminent currency. As Mr Prasad argues, China’s controlled approach could soon reach its limits.

Ultimately, for the yuan really to challenge the dollar, China must win trust as a safe haven for assets. It will not only need deeper, more open financial markets; it will also need an open political system, governed by rule of law. That transition would be alchemy of a different kind.


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